According to Reuters, oil fell another $1 to $109. Reuters writes that Coca-Cola (KO) will pay $2.5 billion for Chinese juice maker Huiyuan, Reuters writes that Google (GOOG) believes the its new browser will…
According to Reuters, the manufacturing sector probably did not grow in August Reuters reports that it appears Gustav did little damage to oil rigs and refineries. Reuters reports that the Korea Development Bank confirmed…
According to Reuters, Hurricane Gustave is heading toward New Orleans after shutting down most oil production in the Gulf of Mexico. Reuters reports that Commerzbank will buy Dresdner Bank for $14.5 billion. Reuters reports…
Nintendo made money, really big money, in the last quarter. Then, it had the audacity to say that things would get even better. According to Reuters, "Nintendo said it now expects an operating profit…
According to Reuters, Lehman (LEH) may fire 1,200 workers. Reuters reports that Dell (DELL) said its Asia business was fine but offered a cautious forecast. Reuters reports that Starbucks (SBUX) will offer more promotions…
According to Reuters, Toyota (TM) cut its 2009 sales forecast by almost 7%. Reuters reports that Fannie Mae (FNM) changed several of its top executives. Reuters writes that Starbucks (SBUX) management will receive no…
According to Reuters, the FDIC may have to borrow money from Treasury to see it though a wave of bank failures. Reuters reports that Lehman (LEH) has asked three investment firms to stay in…
Not a living soul expected The New York Times Company (NYT) to turn in good July results for its core newspaper group. The conventional wisdom was right about that. But, internet revenue for the…
According to Reuters, Singapore sovereign fund Temasek say it sees value in US and UK stocks. Reuters writes that two large bond investors may get involved in raising capital for Fannie Mae (FNM) and…
Shares of Gilat Satellite Networks Ltd. (NASDAQ: GILT) are trading lower this morning after earnings and merger news. The satellite communications and networking company posted $0.03 EPS versus $0.12 estimates on a revenue decline…
According to Reuters, US car sales are likely to have another large drop in August. Reuters reports that Bernanke would like to see broader regulation of the financial markets. Reuters reports that most participants…
According to Reuters, Warren Buffett and the head of Blackstone (BX) called for a solution to the govenment’s growing debt load and reliance of foreign investors to finance US borrowing. Reuters reports that Korean…
The FCC did not like it when Comcast (CMCSA) started to shut off customers running video file-sharing services. Comcast said the programs use too much bandwidth. The agency said that people who pay for…
According to Reuters, Nissan says it will start exporting cars from it China joint venture. Reuters reports that Micorosft (MSFT) will enlist Seinfeld for its new ad campaign. Reuters reports that the NY Attorney…
According to Reuters, US inflation rose as the housing market continued to be troubled. Reuters reports that Hewlett-Packard (HPQ) beat Wall St. expectations. Reuters reports that Ebay (EBAY) will drop some of its listings…